by AIP Online Bureau | Mar 1, 2023 | Eco/Invest/Demography, International News, Risk Management, Technology
The crypto industry saw a stunning reversal of fortunes in 2022 as bankruptcies of industry majors FTX and BlockFi rattled investors and increased regulatory scrutiny on the sector “Recent high-profile failures in the crypto sector are an important reminder that we...
by AIP Online Bureau | Feb 26, 2023 | Eco/Invest/Demography, Indian News, Regulation, Technology, Wealth Management/ Philanthropy
Despite the rapid evolution of the crypto universe, there is no comprehensive global policy framework for crypto assets. Given the concerns over greater interconnectedness between crypto assets and the traditional financial sector as well as the complexity and...
by AIP Online Bureau | Feb 25, 2023 | Eco/Invest/Demography, International News, Regulation, Technology
“We have to differentiate between central bank digital currencies that are backed by the state and stable coins, and crypto assets that are privately issued,” Georgieva said. “There has to be very strong push for regulation… if regulation fails, if...
by AIP Online Bureau | Dec 30, 2022 | Eco/Invest/Demography, Regulation, Technology, Wealth Management/ Philanthropy
The framework proposes that authorities should have appropriate powers, tools and resources to regulate, supervise, and oversee crypto assets activities and markets, both domestically and internationally, proportionate to the financial stability risk they pose,”...
by AIP Online Bureau | Dec 11, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News
Data is not available. Whatever data is available is misleading. And making regulations in the absence of adequate information carries a high probability of us ending up with the wrong set of prescriptions,” T Rabi Sankar said at a virtual conference hosted by...
